Chess to make headway into Web 3.0 as FIDE partners with Avalanche

The International Chess Federation, popularly known by its French acronym FIDE, has struck a partnership with Avalanche to introduce chess into the sphere of Web 3.0, Avalanche announced on Dec. 23. Founded in 1924, FIDE links 200 national chess associations into one international federation and oversees the World Chess Championships. According to the Federation, the…

Warner Music, Polygon partner with LGND to establish LGND Music

Warner Music Group and Polygon have announced a multi-year partnership with LGND to establish a new collaborative, digital collectible platform called LGND Music. According to a Dec. 6 announcement, “select WMG artists” will be able to launch digital collectibles and connect their fans to “special content and experiences.” This collaborative announcement follows on from the…

Circle and Concord terminate proposed business combination

Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND) have announced the mutual termination of their proposed business combination. The termination of the proposed deal was approved by the boards of both companies. 1/ Some big @circle news. This morning, we announced the termination of our proposed deSPAC transaction. While disappointing that we did not…

Square Enix joins Cross The Ages Metaverse as strategic investor

Renowned blockchain gaming firm, Cross The Ages (CTA), has announced Square Enix, a role-playing video gaming company, as a strategic investor in its project.  Square Enix, with this development, joins the growing list of investors, including Ubisoft and Animoca Brands, who have embraced the gaming project. With the addition of Square Enix, CTA will work…

CryptoSlate, Crypto Briefing onboard Access Protocol Ecosystem to leverage Web3 Paywall

With over 1.5 million combined monthly users, CryptoSlate and Crypto Briefing have become the latest participants to join Access Protocol Web3 Paywall. Both publications can make use of Access Protocol’s content paywall system. As a result, the new entrants join Wu Blockchain and The Block as initial ecosystem participants. What can Access Protocol offer creators…

Nexo-backed NFT technology provider, MetaQuants, launches real-time appraisal algorithm for NFTs

In a bid to facilitate real-time collateral appraisal for NFTs, marketplace, and wallet analytics, Nexo-backed MetaQuants, a provider of NFT solutions, has unveiled its algorithm product.  The alpha version of the new algorithm product is designed to aid NFT lending, market, overpricing, and market manipulation penalties, according to a press release shared with CryptoSlate. This…

MSCI introduces digital assets classification system in partnership with Goldman Sachs, CoinMetrics

Critical decision investment support tools provider MSCI, crypto intelligence firm, CoinMetrics, and Goldman Sachs have jointly introduced a digital assets data system that tracks token use cases, performance, and risk management, according to a Nov. 3 announcement. The new data system, “Datonomy,” organizes tokens into classes, sectors, and subsectors based on the tokens’ use cases…

Standard Chartered invests in JPMorgan blockchain platform

Multinational investment bank Standard Chartered  announced a financial commitment to JP Morgan-backed blockchain protocol, Partior.  With the investment, Partior will gain support from the financial institution to enhance its international outreach. This development will allow Partior to broaden its currency offerings beyond the first slate of eight global currencies – USD, SGD, GBP, EUR, AUD,…

Arweave teams up with Meta for NFT storage, AR token spikes 61%

Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. 📣 Major announcement: @Meta is now using Arweave to permanently store digital collectables from @Instagram. Instagram users are now able to issue digital collectables for their posts, stored on Arweave. Some thoughts 👇…